Designated Order Turnaround - DOT

An electronic system that increases order efficiency by routing orders for listed securities directly to a specialist on the trading floor, instead of through a broker.


The DOT system is used by the NYSE for small order entries, limit orders, and basket and program trades.

Also known as "SuperDOT."




Electronic Trading Tutorial - Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.
Related Terms

Basket Trade

Broker

Electronic Communication Network - ECN

NYSE

Program Trading

Specialist

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